The Oscar nominations were announced this morning. Leading the field is The King's Speech with 12 nominations while The Social Network, True Grit, and 127 Hours racked up an impressive number of nominations as well. The surprise entry is Winter's Bone, which scored nominations in Best Picture, Best Actress for Jennifer Lawrence, and Best Supporting Actor for John Hawkes. The ceremony will air on ABC February 27 and will be hosted by Anne Hathaway and Oscar nominee James Franco.